• Ferrari average net profit margin for 2023 was 19.81%, a 4.43% increase from 2022.
• Ferrari average net profit margin for 2022 was 18.97%, a 4.77% increase from 2021.
• Ferrari average net profit margin for 2021 was 19.92%, a 19.71% decline from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.